While it may be impossible to keep a close eye on all employees, there are certain steps managers can take to reduce theft within the company. It is important to establish channels for staff to report any suspicious behaviour and encourage them to speak out. This creates a sense of community in which thieves are rebuffed by their peers and are less likely to steal.
There are a number of possible legal consequences of theft, including fines, restitution and imprisonment. The type and severity of these punishments will depend on the amount stolen, whether it was a misdemeanor or felony and other aggravating factors such as sophistication and impact on victims.
Laptop computers and other electronic devices are a favourite target of criminals because they can be easily hidden, quickly sold to pawn shops and used electronics stores and have a high value for cash. Other common targets include uniforms, hotel equipment and a variety of personal belongings that are left in locker rooms and work areas. While the loss of these items may not seem like a major issue, it can lead to poor employee morale and ultimately reduced productivity.
Often, theft is committed by members of the same work group. As such, preventing theft can be achieved by fostering a company culture that views employees as more than just workforce, but as family. This can be done by ensuring that all employees understand that whistleblowing policies are in place, that theft is taken seriously and that those who steal will lose their jobs.